Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN) is up 0.6% since the beginning of the year. IFLN is currently trading at $18 per share. Investors who bought $1,000 worth of IFLN shares 5 years ago would now be looking at an investment worth $1,193.

Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN) has returned 0.57% so far this year and 5.87% over the past 12 months. Over the last ten years, IFLN has returned 4.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Nov 15, 2007, IFLN's average daily return is +0.02%, while the average monthly return is +0.34%. At this rate, an investment would double in approximately 17.0 years.

Historically, 65% of months were positive and 35% were negative. The best month was Dec 2008 with a return of +16.4%, while the worst month was Sep 2008 at -16.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, IFLN closed higher 50% of trading days. The best single day was Oct 13, 2008 with a return of +25.8%, while the worst single day was Oct 10, 2008 at -13.1%.

Invesco Bloomberg Enhanced Fallen Angels ETF has an annualized alpha of 0.94%, beta of 0.32, and R2 of 0.25 versus S&P 500 Index. Calculated based on daily prices since November 16, 2007.

• This ETF participated in 50.39% of S&P 500 Index downside but only 38.20% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.32 may look defensive, but with R2 of 0.25 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R2 of 0.25 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

IFLN has an expense ratio of 0.23%, which is considered low.

IFLN ranks 40 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN) and compare them to S&P 500 Index.

Invesco Bloomberg Enhanced Fallen Angels ETF provided a 5.82% dividend yield over the last twelve months, with an annual payout of $1.06 per share.

The table displays the monthly dividend distributions for Invesco Bloomberg Enhanced Fallen Angels ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco Bloomberg Enhanced Fallen Angels ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Bloomberg Enhanced Fallen Angels ETF was 44.79%, occurring on Oct 10, 2008. Recovery took 811 trading sessions.

The current Invesco Bloomberg Enhanced Fallen Angels ETF drawdown is 0.49%.

The chart below shows the rolling one-month volatility.